| New York Times: |
Sources: Elon Musk engaged in intense drug use during the 2024 presidential campaign, as he juggled the messy consequences of efforts to produce more babies — As Mr. Musk entered President Trump's orbit, his private life grew increasingly tumultuous and his drug use was more intense than previously known.| Jez Corden / Windows Central: |
Sources: Microsoft sidelines its native Xbox handheld to focus on Windows 11 gaming performance for third-party OEM devices, like an Asus model debuting in 2025 — Xbox's handheld ambitions continue unabated, but the focus is shifting towards improving Windows 11 for third-party handhelds — for now.| Lorenzo Franceschi-Bicchierai / TechCrunch: |
The US Treasury sanctions Philippines-based Funnull Technology for allegedly facilitating “pig butchering” crypto scams that stole over $200M from US victims — The U.S. government imposed sanctions on FUNNULL, a company accused of providing infrastructure for cybercriminals running so-called … | Rebecca Szkutak / TechCrunch: |
Hugging Face unveils two open-source humanoid robots, the $3,000 full-sized HopeJR and a $250-$300 Reachy Mini desktop unit, expected to ship by the end of 2025 — AI dev platform Hugging Face continued its push into robotics on Thursday with the release of two new humanoid robots.| Paresh Dave / Wired: |
Meta says it has cut US content removal mistakes by half since its January policy changes, without broadly exposing users to more offensive content than before — Meta says loosening its enforcement policies earlier this year led to fewer erroneous takedowns on Facebook and Instagram … | Financial Times: |
Sources say Alibaba, Tencent, Baidu, and other Chinese companies are testing domestic alternatives as they deal with a dwindling stockpile of Nvidia processors — Tougher US export restrictions on advanced chips give added urgency to testing of domestic alternatives| Dave Lee / Bloomberg: |
Meta's Anduril deal shows how much has changed in the past couple of years in Silicon Valley, where developing war tech was once considered a hard red line — Meta is crossing a former hard red line in Silicon Valley to develop tech for military uses. — I can't think of any other deal … | Heather Somerville / Wall Street Journal: |
| Rashi Shrivastava / Forbes: |
Snorkel AI, which pivoted from data labeling to building AI evaluation tools, raised a $100M Series D led by Addition at a $1.3B valuation, up from $1B in 2021 — As it faces off against larger players, the data labelling startup is doubling down on using human experts to judge the accuracy of AI systems.| New York Times: |
Sources: Palantir's Foundry is now deployed in at least four federal agencies, after Trump signed an EO calling for the government to share data across agencies — Alex Karp, a co-founder and the chief executive of Palantir, at a forum in Washington in April.| Cory Weinberg / The Information: |
Source: Chime's IPO is expected to price at ~$11B, down from its $25B private valuation in 2021; every VC-backed IPO in the past 12 months has been a down round — When banking app Chime goes public next month, it will mark the eighth straight venture capital-backed initial public offering … | Jonathan Stempel / Reuters: |
Filing: the US SEC voluntarily dismissed its 2023 lawsuit against Binance and CZ that accused them of diverting customer funds, misleading investors, and more — The U.S. Securities and Exchange Commission voluntarily dismissed its lawsuit against Binance, the world's largest cryptocurrency exchange, a Thursday court filing shows.| Reuters: |
Letter: Synopsys tells staff to stop sales, services, and new orders in China to comply with new US export curbs, and pulls its annual and quarterly forecasts — Semiconductor design software firm Synopsys (SNPS.O) has told staff in China to halt services and sales in the country and stop taking … | Kyle Wiggers / TechCrunch: |
Black Forest Labs releases Flux.1 Kontext, a suite of AI models that let users generate and edit images using both text and images as inputs — Black Forest Labs, the AI startup whose models once powered the image generation features of X's Grok chatbot, on Thursday released a new suite … | Wired: |
German police identify TrickBot and Conti ransomware leader “Stern” as Vitaly Nikolaevich Kovalev, believed to be in Russia and shielded from extradition — The elusive boss of the Trickbot and Conti cybercriminal groups has been known only as “Stern.”
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| Sam Reynolds / CoinDesk: |
| Mia Sato / The Verge: |
| Stephen Nellis / Reuters: |
| Priyanka G / Reuters: |
| Aisha Malik / TechCrunch: |
| Kif Leswing / CNBC: |
| Kevin Breuninger / CNBC: |
| Kyle Wiggers / TechCrunch: |
| Jay Peters / The Verge: |
| Andrew Orr / AppleInsider: |
| Bill Toulas / BleepingComputer: |
| Zachary Basu / Axios: |